Arvind Retail news and archive

Arvind Retail to speed up expansion of global brands

Arvind Retail is speeding up its expansion plans for the global brands that it has introduced in the Indian market in the last two years. The reason for doing this is that sales growth has topped its own expectations. Earlier they expected to achieve a revenue of Rs 2,000 crores from four foreign labels -Gap, Aeropostale, Sephora and The...

Retail

Arvind Retail plans to increase its footprint

Arvind Retail is looking at opening 200 stores in 2016-17 across its lifestyle, value and foreign brands. It hopes its foreign brands would boost apparel sales in the next financial year and the growth would be 25 per cent. Arvind Retail is adding more outlets to sell Gap, Sephora and Aeropostale merchandise in big cities. Apart from Tommy...

Fashion

Cherokee aims to cross Rs 100 cr mark this fiscal

Cherokee the brand for a whole range of men’s, women’s, kids’ apparels and non-apparels like luggage, home, men’s accessories and ladies handbags, recorded a sales turnover of Rs 80 crores in India last year. Commenting on the target for Cherokee, Venkatachalapathy K E, CEO, Arvind Retail, says, “It will cross the Rs 100 crores mark this fiscal...

Apparel

Retailers looking for cheer in festive buying

Excise duty and the hike in cotton prices forced manufacturers to raise garment prices. This made consumers wary of purchases and has lead to an increase in inventory. As a result ‘End of Season’ sales started earlier than usual this year. For instance Shoppers Stop began their sales from August 7 instead of August 15. Govind Shrikhande, MD and...